The number of transactions through mobile wallets fell 13% to 268.79 million in March from 310.01 million in February, and the value of money settled through wallets dropped 23% to Rs 10,000 crore from Rs 13,100 crore, RBI data show.

With Microsoft Kaizala, users have the option to make peer to peer payments in one to one and group chat conversations via the MobiKwik wallet and via YES Bank’s Unified Payment Interface (UPI) integration